Succession Planning can mean many things to many people but in its essence it is about Identifying, Documenting and Managing the Risks that can affect us, our family and or our business.
The primary role at Succession First is to help Individuals, Families and Business owners identify the risks they face and formalise a strategy that is regularly reviewed.
The sale of your business will typically form a large part of your retirement savings. Whats the business worth, who is going to buy the business and is it financially structured and prepared for sale. Do you have staff members that would like to buy in now or in the future. Preparing for your succession is not something you do at the end, it is something you should consider now.